Cell phone maker reports $397 million net loss on a 15 percent decline in revenue as mobil unit plunges 31 percent. Shares plummet 7 percent as executives tout refocus in strategy around Android.
|
Analysts expect the phone maker to announce a focus on Android that would make Google the centerpiece of its handset business.
|
Ex-Qualcomm executive to lead mobile-phone unit in prelude to spin-off.
|
Red Herring Fall, and other events.
|